The list, published earlier this year, showed his value had actually dropped £5 million from the year before, but remained hefty.

While financial fair play rules might hold Blues back, there is no problem in the bank for their boss.

Hong Kong-based Trillion Trophy Asia is incorporated in the British Virgin Islands.

Its 56 year-old head, Paul Suen Cho Hung, is a man with a reputation for turning round distressed businesses. He is known as "the King of the Penny Stocks."

Birmingham City FC (Image: Xavier Itter/Newsteam)

This is what was written about him in the Rich List: "He was educated at the University of South Australia where he obtained a Masters in business administration. He is currently chairman of Enviro Energy International Holdings, a position he took up in June last year.

"He has previously run, or been a significant shareholder in a number of Hong Kong Stock Exchange-quoted companies including BEP International Holdings, Sunlink International Holdings and Huajun Holdings. He owns Excelsior Kingdom Ltd and Global Wealthy Ltd and has extensive experience in managing metals, mineral and raw material companies as well as energy, property and strategic planning in Hong Kong and mainland China. He is a shareholder in China Strategic and Courage Marine Group.

"Enviro Energy is involved in natural resource investment and information technology, with its main focus being the exploration and development of environmental energy projects."